NZD/USD: 20.06.2017
Our expectations: The price has reached to levels of diagonal resistance, where it gives us signals of a likely turn in the direction of short.
Alternative Scenario: If the price goes above the diagonal resistance, it is quite likely that we will see a new upward momentum.
Comments: Price under resistance levels, forming a pin bar where we can look for new levels for short positions.
DeM and CCI (50) rotate from an overbouth market area that can be counted as an extra signal for a likely price drop.
SL: 0.73300
Trader I. Ivanov
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